Solo/Small Firm Section Meeting
SOLO/SMALL FIRM SECTION MEETING
NOVEMBER 18, 2019
11:45 - 1:00 P.M.
SEASONS 52 (7300 LONE STAR DRIVE, PLANO)
Topic: Beaches, Rocking Chairs, and Cocktails:
Can Solo Practitioners Dare to Dream of Retirement?
Y. Jack Fan
Fan Law Office
Bonni Kids, CRSP
Senior Vice President & Trust Officer, Retirement Plans Services Manager
Texas Bank & Trust
What’s your idea of retirement? Are you planning to withdraw money from a pool of savings? Are you hoping to cash in your practice? Or do intend to accept client matters until the very end?
Whether you’re heading toward retiring from the legal profession or you’re planning for succession, take the time now to consider your exit strategy.
· How can you maximize your sales price when selling a law practice?
· What are the ethical issues when selling a practice and transferring or disposing of client files?
· What are the advantages and disadvantages between setting up a One-Participant 401k Plan versus Traditional, ROTH, or SEP IRA accounts?
· Are there conflicting implications between retirement planning and estate planning?
CLE: 1.0 Hour (CCBA Members)
RSVP by Noon, November 14